NSE share market NEWS tomorrow (27 December, 2022). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (27 December, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 December 2022
Jindal Steel was amongst the top gainers, currently trading at 575.95 in NSE with 5.161 times change in volumes and 9.009% change in price. Other gainers included National Aluminium with 6.482% price change and 2.144 times volumes, Hindalco Industries with 6.333% price change and 3.528 times volumes, Tata Steel with 5.857% price change and 2.237 times volumes, and Bond 8 with 5.766% price change and 0.652 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Varun Beverages was amongst the top losers, currently trading at 1318.90 in NSE with 0.757 times change in volumes and -2.499% change in price. Other losers included Crompton Gr with -1.87% price change and 2.96 times volumes, Laurus Labs with -1.847% price change and 3.434 times volumes, Max Healthcare with -1.762% price change and 0.706 times volumes, and Exide Industries with -1.522% price change and 0.691 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
13 Xiaomi, Redmi models to support Reliance Jio's standalone 5G tech. Users of the two brands can use Reliance Jio's True 5G service for connectivity and stream uninterrupted videos, enjoy high-resolution video calls, and play low-latency gaming
Realisation through IBC 201% of liquidation value as of Sept: RBI. SARFAESI and Debt Recovery Tribunals have yielded recovery rates comparable to the IBC mechanism, says Trend and Progress Report
Mind the gap: Avg top executive earns over 240 times median staff pay. Median employees in most sectors earn less than Rs 10 lakh per annum
Coal India to meet 700 MT production target of FY23, says chairman. Coal India Chairman Pramod Agrawal on Tuesday exuded confidence that the PSU will achieve the production target of 700 million tonnes for the current financial year. Coal India (CIL) accounts for over 80 per cent of the domestic coal output. I am confident
Domestic, semi-regulated markets to drive pharmaceutical industry's growth. High raw material prices to put pressure on margins
Majority of employers in manufacturing sector keen to hire in Q4: Report. Majority of manufacturing companies plan to hire more people in the next three months amid increasing domestic demand, according to a survey. A TeamLease 'Employment Outlook Report' for the fourth quarter on Tuesday said the positive higher hiring sentimen
Noida Authority issues Rs 235 cr notice to DLF over Mall of India issue. The Noida Authority has issued a notice to real estate developer DLF to pay Rs 235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said Monday. The DLF, however, said it was yet to receiv
Top headlines: Venugopal Dhoot arrested, Advent buys stake in Suven, & more. Business Standard brings you the top headlines at this hour
BIS norms to curb fake reviews to increase costs for online sellers: Report. According to the guidelines, published on November 23, the companies will have to ensure that the ratings and reviews of their products are genuine
Here's Why Karnataka HC barred Irani, Classic Legends from using 'Yezdi'. Indian bikers' long wait for Jawa's Yezdi continues with latest verdict from Karnataka high court
IT majors lowering revenue projections for FY23 amid macroeconomic troubles. HCL's CEO C Vijaykumar recently said that the spending on hi-tech and telecom verticals was lower than expected and with price changes, it is going to be a big macroeconomic challenge
FMCG industry hopes to recover lost volume, to shrug off shrinkflation. Shrinkflation or reducing the size or quantity of a product while keeping the price unchanged was a little-known term in India but a surge in raw material costs following the war in Ukraine pushed several FMCG companies to resort to such a practice to ensu
Startups to attract large foreign direct investments in 2023: DPIIT Secy. The country's startups will attract significant foreign direct investments (FDI) in 2023 on account of steps being taken by the government to strengthen the ecosystem for budding entrepreneurs, a top government official has said. Secretary in Department fo
Govt calls telecom operators on Wednesday to discuss rising call drops. Telcos have assured that once the mobile handsets are synchronised with the 5G technology, the quality will improve
Cipla's higher automation spends to continue for 3 more yrs: CTO Malhotra. Cipla expects elevated capital expenditure on automation to continue for three more years, a senior official has said. The city-headquartered company started its investment journey on the automation front two years ago and has already been recognised for i
Ola, Uber worst platforms in providing fair work for gig workers: Report. Other platforms who scored zero in the report were Amazon Flex and PharmEasy, while Porter scores just 1 point out of 10
What does the 2022 funding winter indicate for start-ups in 2023?. 2022 was a year of reckoning for Indian startups. New unicorns halved compared to last year, and mass layoffs followed. So, how did this year change Indian start-ups? How are they prepared for 2023?
ICICI Videocon case: HC denies interim relief to Chanda Kochhar, husband. The petition by the Kochhars came up before a vacation bench of Justice Madhav Jamdar and Justice S. G. Chapalgaonkar but they declined to grant an urgent hearing in the matter
Samsung raises over million to contribute to UNDP for Global Goals. Samsung Electronics announced that it has reached a significant milestone to advance the Sustainable Development Goals, or the Global Goals, with a contribution of more than million to the UNDP
Flipkart's 0 million payout to benefit 25,000 employees: Report. Investors of Flipkart including Walmart will pay for the cash payout and it will benefit past and present employees of Flipkart, Myntra and PhonePe
829 mn cyber attacks blocked; 59% of targeted websites in India: Indusface. Mid-market firms with revenues of million to billion faced 45% of attacks; only 21% were large ones with over billion in revenue; smaller firms suffered 34% of attacks
Indowind Energy to allot 35.8 mn shares worth Rs 43 cr under rights issue. Indowind Energy board on Tuesday approved a rights issue of 3.58 crore equity shares for Rs 43.07 crore. The right issue will be opened on January 27, 2023, and will be closed on February 10, 2023, a BSE filing showed. The board meeting held today, i.e. De
Godrej properties buys 62-acre land in Kurukshetra; eyes Rs 550 cr revenue. Realty firm Godrej Properties has purchased about 62 acres of land in Kurukshetra, Haryana for over Rs 100 crore to develop a plotted residential project and is targeting around Rs 550 crore revenue from this property. In a regulatory filing, the company i
Elista India expects Rs 1,500 cr revenue by 2025, to invest up to Rs 400 cr. Electronics manufacturing company Elista India expects a revenue of Rs 1,500 crore by 2025 on the back of increased exports to the CIS countries, Middle East and Africa, a top official of the company said on Monday. The company plans an investment of Rs 35
Tata chief sees AI/ML, supply-chain diversification as growth drivers. 'Need to keep careful watch on commodity price rises,' Chandra tells employees in New Year message
Blue-collar industry sees sharp rise in job opportunities: Report. The blue-collar industry has witnessed a sharp rise in job opportunities in the country and tier 2 cities have become the epicenters for such opportunities, said a report. According to professional networking and jobs platform apna.co, blue-collared job op
LICHF hikes lending rate by 0.35 pc, home loans to cost 8.65 pc now. Mortgage lender LIC Housing Finance joined peers and hiked its lending rate by 0.35 per cent. The move, which comes a week after an increase by bigger rival HDFC by a similar quantum, entails that the minimum rate of interest will get revised to 8.65 per c
Co-working major WeWork India raises Rs 550 crore from BPEA Credit. Co-working major WeWork India on Monday said it has raised Rs 550 crore from funds managed by BPEA Credit for future growth and acquisition opportunities as it seeks to tap rising demand for flexible spaces. In 2017, WeWork Global had partnered with Bengal
From an industry leader to a defaulter: Rise and fall of Venugopal Dhoot. Starting with a family, which had a dealership of Bajaj Auto's scooters, to becoming the owner of a household name in consumer appliances who could afford to have Bollywood superstar Shah Rukh Khan as the brand ambassador, Venugopal Dhoot's is a story of a
Three Wheels United inks pact with Piaggio to buy 3,300 electric vehicles. Tech-enabled EV financing firm Three Wheels United (TWU) has inked an initial pact with small commercial vehicle maker Piaggio Vehicles to procure 3,300 electric three-wheelers, a release said on Monday. Under the partnership, the company will facilitate e
AI Express, AirAsia India exploring synergies in terms of customer base. Air India Express and AirAsia India, which has changed its name to AIX Connect, are exploring synergies in terms of having unified customer touch points ahead of their proposed merger, according to an official. Both the low-cost airlines and full-service c
CBI arrests Videocon Group founder Venugopal Dhoot in ICICI loan fraud case. Videocon founder sent to custody till December 28, along with ex-ICICI Bank CEO Chanda Kochhar and her husband
Kerala sees 5% rise in alcohol sales during Christmas, says BevCo. Kerala saw an overall five per cent increase over last year's sales of alcohol during the Christmas season this year, according to a source in Kerala State Beverages Corporation Ltd (BEVCO). The source said sales between December 22 and December 25 generat
Kirloskar Systems announces appointment of Manasi Tata on board of JV firms. Kirloskar Systems on Monday said it has appointed Manasi Tata, daughter of late Vikram Kirloskar, as Director on the board of the company's joint-venture firms with immediate effect. These joint ventures include Toyota Industries Engine India Pvt Ltd, Kirl
Agrochemical's revenue to grow 15-17% this fiscal, driven by demand: Report. Agrochemical players are likely to witness 15-17 per cent revenue growth this fiscal, mainly driven by strong global and domestic demand, according to a report. Revenue is expected to grow by 10-12 per cent in the next 2023-24 financial year as India conti
KABIL expresses interest to partner with Argentina-based CAMYEN: Govt. Khanij Bidesh India Ltd (KABIL) has evinced interest to collaborate with Argentina-based CAMYEN for prospecting two areas for the extraction of lithium in the South American country, an official release said on Monday. KABIL, a joint venture company betwee
GAIL India set to carry out oil exploration work soon in Rajasthan. Rajasthan is among the top oil producers in the inland area of the country
Jio True 5G services now available in four districts of Andhra Pradesh. Reliance Jio on Monday announced it has launched True 5G services in Andhra Pradesh
Senior execs, some pilots, cabin crew leave Jet Airways, says report. With continuing uncertainty over Jet Airways' future, at least two senior executives as well as some pilots and cabin crew have quit the airline, according to sources. Jalan Kalrock consortium emerged as the winning bidder for Jet Airways under the insolve
No proposal before govt to lower threshold for generating e-invoice: CBIC. The CBIC on Monday said there is no proposal before the government to lower the threshold from January 1 for mandatory generation of e-invoices. Currently, businesses with a turnover of Rs 10 crore and above are required to generate an electronic invoice f
SpiceJet shareholders' approve re-appointment of Ajay Singh as director. Shareholders of SpiceJet on Monday approved the re-appointment of Ajay Singh as a director of the no-frills airline. At the annual general meeting, the shareholders also gave their nod for the adoption of audited financial statements for financial year end
Advent International to acquire 50.1% stake in Suven Pharma, explore merger. As of last close, Suven had a market capitalization of 126 billion Indian rupees
Top headlines: Telcos get green signal, states start mock drills, and more. Business Standard brings you the top headlines at this hour
PayU gives pink slip to 150 employees, no plans of 'major downsizing'. The layoffs were undertaken to realign the teams locally
20 yrs of Delhi Metro: How it transformed the city's landscape. Delhi Metro has contributed a lot to the national capital's economy, and by extension to that of the whole country. Last week, it celebrated 20th anniversary. Let's trace its transformative journey
Fund mobilisation through equity, debt routes down 20% to Rs 11 trn in 2022. Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain
Godrej Properties buys 62-acre land in Kurukshetra for residential plots. Realty firm Godrej Properties on Monday said it has purchased about 62 acres of land in Kurukshetra, Haryana to develop a plotted residential project. In a regulatory filing, the company informed that this project will offer about 1.4 million square feet o
Advent buys significant stake in Suven Pharma, plans merger with Cohance. Suven does around 90 percent of its business with innovators and follows the customer from Phase 1 to commercialization
Money View raises mn in Series E by Apis Partners, valued at 0 mn. Founded in 2014, Money View provides personalised credit products and personal financial management solutions
Flexible workspace provider WeWork India raises Rs 550 cr from BPEA Credit. The company said it will use fresh funds for future growth and potential consolidation opportunities
This city booked most number of Uber services in 2022; Bengaluru is second. Chandigarh among top five cities in terms of fastest average speeds, according to 'How India Ubered in 2022'
Mukesh Choudhary takes over from Reddy as Coal India's Director, Marketing. State-owned CIL on Monday said Mukesh Choudhary has taken over as its Director, Marketing. He assumed charge on December 23, Coal India Ltd (CIL) said in a statement. Prior to this, he was Deputy Director General, Department of Defence Production, Ministry
Fintech firm PayU lays off 150 employees, says it's realigning teams. 6% of total workforce of Prosus-backed firm reportedly asked to go
Google-backed Adda247 grants ESOPs worth Rs 150 cr to its employees. Adda247 first launched its ESOP policy in 2016 and has rewarded around 10% of its workforce across levels to date
Jakson Group bags 121 MW solar project from Amplus Solar in Rajasthan. Jakson Group on Monday said it has bagged a 121 MW solar project from Amplus Solar in Bikaner, Rajasthan. Without disclosing financial details of the project, the company said the green capacity will be constructed on an engineering, procurement and constr
CBI charges BARC ex-chief Lulla with manipulating India Today's TRP rating. Probe agency has also accused him of providing IPL data to STAR for free, causing loss to BARC
Kinetic to start producing electric version of Luna at Ahmednagar plant. Company set ups dedicated production line with an initial capacity of 5,000 sets per month
LIC Housing Finance raises lending rates by 35 bps, cites market conditions. 'Good sustenance in home buying', says mortgage lender in statement
Corporate India focusing on gender diversity, to hire more women in 2023. Companies are also focusing on hiring second-career women - those who are returning to work after a career break
Telcos seek tax credit refund, reduction in levies ahead of Budget 2023. The telecom sector says that over a third of their earnings is currently paid to the government as levies
Alembic Pharma gets USFDA nod for generic drug to treat breast cancer. Alembic Pharmaceuticals on Monday said it has received final approval from the US health regulator for its generic Fulvestrant injection used in treatment of breast cancer. The approval granted by the US Food & Drug Administration (USFDA) is for the abbrev
Power Mech gets orders over Rs 1,034 crore from Adani Group, others. Power Mech Projects (Power Mech) on Monday said it has bagged three projects, including one from the Adani Group, totalling Rs 1,034.13 crore. In a regulatory filing, the company said it has received service order/letters of award (LOA) worth Rs 1,034.13 c
Inox Green to acquire majority stake in independent wind service provider. Inox Green Energy Services on Monday said it will acquire a majority stake in an independent wind service provider that operates majorly in South India with a 230+MW fleet. However, the company did not disclose the value of the transaction and the name of
Akasa Air set to launch two flights to Mumbai, Bengaluru from Lucknow today. Akasa Air is commencing its air service from Lucknow on Sunday
Piramal Realty eyes Rs 2,200 cr sales bookings in FY23, up over 40% YoY. Piramal Realty is targeting about Rs 2,200 crore sales bookings this fiscal, up over 40 per cent year-on-year, on strong housing demand, its CEO Gaurav Sawhney said. Founded in 2012, Piramal Realty is the real estate development arm of business conglomerat
Maruti Suzuki expects sales of vehicles with auto gear to rise in 2023. With increasing congestion across cities in India, Maruti Suzuki India expects sales of its vehicles with auto gear shift to pick up further next year, according to company Senior Executive Officer, Marketing & Sales Shashank Srivastava. The company had in
Funding winter for start-ups may last another 12 to 18 months: Flipkart CEO. Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession
EV makers optimistic about delivering fire-proof experience to riders. As India goes ballistic on the electric vehicle (EV) adoption, the real test of EVs, especially two-wheelers, will happen again with the onset of summer next year
Twitter didn't remove suicide prevention tool, it is fake news: Elon Musk. Twitter CEO Elon Musk has denied that the micro-blogging platform removed suicide prevention feature for its users, said the reports were "fake"
Indian smartwatch players gear up to beat Chinese, global rivals in 2023. The Indian smartwatch market has not only grown exponentially on the home turf, but also performed exceptionally well at the global level and the domestic players expect to repeat the feat in 2023
Twitter not on track of bankruptcy, but isn't fully secure yet: Elon Musk. Responding to a Twitter user, Elon Musk has said that the microblogging platform is not going bankrupt but is not secure yet
Google's anti-competitive activities harm Indian consumers: MapMyIndia CEO. Google's anti-competitive activities are harming Indian consumers and the economy by stifling "swadeshi" (indigenous) competitors, a top official of home-grown navigation firm MapMyIndia said. The Competition Commission of India (CCI) in October slapped a
NCLAT sets aside CCI order on DLF, remanded back directing to examine. The NCLAT has set aside an order passed by fair trade regulator Competition Commission of India (CCI) with respect to DLF and directed it to examine the matter. The case pertains to CCI rejecting a complaint against DLF and its subsidiary for alleged abus
India needs corporate mandate on R&D: Zoho CEO Sridhar Vembu. India requires a corporate mandate on Research & Development similar to CSR to promote a technology innovation culture which will help build critical technologies here in the country, Zoho Corporation's founder Sridhar Vembu said. The Padma Shree awardee a
Tata Power plans to raise up to Rs 2,000 cr via bonds to finance biz ops. Tata Power's gross debt marginally rose to Rs 49,535 crore as of September this year, from Rs 47,590 crore as of March
ONGC board rejig: Two director posts set to be merged. Sources say the idea behind the board revamp is to bring greater synergies in operations
Jitendra Agrawal new CEO of Surya Roshni's lighting, consumer durables biz. Agrawal joins Surya from Luminous Power Technology Pvt Ltd, where he was senior vice president and responsible for the company's home electrical business
DGCA issues Type Certification for Kisan drone made by Garuda Aerospace. According to Garuda Aerospace, the DGC Type Certification is provided on the basis of the quality check of the drones and is issued after a rigorous testing process for the unmanned aerial vehicles
ICICI Bank's ex-CEO Chanda Kochhar, husband sent to CBI custody till Dec 26. A special court in Mumbai on Saturday remanded ICICI Bank's former CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the custody of the Central Bureau of Investigation (CBI) till December 26 in connection with alleged cheating and irregularities
Air India takes steps to minimise impact of fog-related flight disruptions. To minimise the impact of fog-related flight disruptions, Air India on Saturday said it will proactively reach out to passengers and provide them the option to reschedule or cancel their impacted flights free of cost. The Tatas-owned airline has launched t
Wadhwani AI gets mn from Google.org to build AI solutions in agriculture. The Wadhwani Institute for Artificial Intelligence has received a USD 1 million grant from Google.Org. Wadhwani AI will utilise the grant towards building AI-powered solutions in the agriculture sector, it said in a statement. These solutions will help far
Chanda Kochhar cheated bank by sanctioning Rs 3250 crore loan: CBI. The official said that they learnt that between June 2009 and October 2011 ICICI Bank sanctioned 6 high value loans to various Videocon Group companies
Venugopal Dhoot helped Deepak Kochhar get 95% share of NRL, alleges CBI. NRL was incorporated on December 24, 2008 with Deepak Kochhar, Venugopal Dhoot, and Saurabh Dhoot as the first directors of the company
Siemens India to make 1,200 horsepower electric locomotives for railways. Siemens, India will manufacture 1,200 electric freight locomotives of 9,000 HP each for the railways, according to the terms of a contract valued at Rs 26,000 crore, the national transporter said on Saturday. The Indian Railways has issued a letter of awar
CBI files FIR against Abhijeet Group-promoted Corporate Power for fraud. The CBI has filed an FIR against Abhijeet Group promoted company Corporate Power Limited and its directors for alleged bank fraud of Rs 4,000 crore, officials said on Friday. The agency on Thursday searched 16 locations in multiple cities, including Nagpur
Google dials NCLAT against CCI's Android order, Rs 1,337-crore fine. Says CCI order presents a major setback for its Indian users and businesses who trust Android's security features
Search engines like Google cannot claim to be 'content-blind': Kerala HC. The Kerala High Court has held that search engines like Google cannot claim to be mere intermediaries with no control over the content that appears in search results
Tata Motors arm, DTC sign pact for operation of 1,500 e-buses in Delhi. Tata Motors on Friday said its arm -- TML CV Mobility Solutions Ltd -- has signed an agreement with Delhi Transport Corporation for the operation of 1,500 electric buses in the National Capital. Under the pact, TML CV Mobility Solutions Ltd will supply, op
NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers. Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs
NDTV founders to sell 27.26% stake in NDTV to Adani group, keep 5%. Adani group will have nearly 65% shareholding in the media company; two additional directors appointed by Adani on NDTV board
Ex-ICICI Bank CEO Chanda Kochhar, husband arrested in loan fraud case. CBI arrests former ICICI Bank CEO-MD Chanda Kochhar, husband Deepak Kochhar in cheating case pertaining to loans to Videocon Group, say Official
CNH Industrial to hire over 1,000 IT professionals in India by 2025. Italian-American industrial vehicles maker CNH Industrial plans to hire over 1,000 IT professionals in India by 2025 as the company aims to expand its operation, according to its Vice President Precision Software and Cloud Aplications Mukesh Agarwal. The r
Tredence raises 5 million in funding from Advent International. Private equity firm Chicago Pacific Founders (CPF), an existing investor, will continue to be "a meaningful shareholder", said Tredence. CPF invested in Tredence in December 2020
98.5% refunds in 48 hrs; no incentive to pursue those un-interested: Byju's. BYJU'S processes 98.5 per cent refunds within 48 hours of receiving such requests from customers, the edtech company said in its submission to child rights body NCPCR on Friday. Defending itself on the allegation of mis-selling, BYJU'S said it does not enc
Samsung Galaxy S23 series' signature colours leaked. The colours of tech giant Samsung's upcoming flagship smartphone series, Galaxy S23, have leaked ahead of its February launch next year.
Welspun completes sale of six road assets to Actis for Rs 6,025 crore. Welspun exited 49 per cent of the BOT toll road and the remaining 51 per cent will require clearances expected to be completed by March 2024, it said in an exchange filing
NCLAT sets aside pleas against CCI's Rs 873-cr penalty on UBL, beer makers. The National Company Law Appellate Tribunal (NCLAT) on Friday upheld the Rs 873-crore penalty imposed by fair trade regulator CCI on UBL and other beer makers. A two-member bench said after examining the materials and considering the arguments, it was of o
JSW Energy gets shareholders' nod to appoint Parth Jindal as director. JSW Energy has received the shareholders' approval to appoint Parth Jindal as a director on the company's board. He is the son of the company's Chairman and Managing Director Sajjan Jindal. The e-voting process for the resolution to appoint Parth Jindal as
FTX founder Sam Bankman-Fried allowed 0 million bond, house arrest. The cryptocurrency entrepreneur Sam Bankman-Fried can post USD 250 million bond and live in his parents' home in California while he awaits trial on charges that he swindled investors and looted customer deposits on his FTX trading platform, a judge said o
Customers tipped delivery partners up to Rs 3 crore on Dunzo in 2022. A Chennai user ordered about Rs 45,000 worth of Ferrero Rocher chocolates from Dunzo in just three orders, the report shows
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